Today, a Director at Hooker Furniture Corp (NASDAQ: HOFT), Larry Ryder, sold shares of HOFT for $129.8K.
In addition to Larry Ryder, 3 other HOFT executives reported Sell trades in the last month. Following Larry Ryder’s last HOFT Sell transaction on September 28, 2017, the stock climbed by 1.4%.
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Based on Hooker Furniture Corp’s latest earnings report for the quarter ending April 30, the company posted quarterly revenue of $143 million and quarterly net profit of $7.14 million. In comparison, last year the company earned revenue of $131 million and had a net profit of $4.73 million. HOFT’s market cap is $575.5M and the company has a P/E ratio of 18.52. Currently, Hooker Furniture Corp has an average volume of 26.57K.
The insider sentiment on Hooker Furniture Corp has been negative according to 39 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Larry Ryder’s trades have generated a -19.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Hooker Furniture Corp. is a home furnishings marketing and logistics company. It offers worldwide sourcing of residential casegoods and upholstery, as well as domestically-produced custom leather and fabric-upholstered furniture. The company operates its business through three segments: Casegoods, Upholstered and All Other.
